SAFRAN Company Description
French industrial giant SAFRAN could make the argument that communication isn't always the key to a happy marriage, especially if one side insists on being defensive. The company, which was spawned by the 2005 merger of communications equipment maker Sagem and aircraft engine manufacturer Snecma, sold most of its communications business in 2008. The company plans a return to its aerospace roots while building up its defense and security operations. Its main business segments now include Aerospace Propulsion (aircraft engines, missile systems), Aircraft Equipment (landing gear and brakes), and Defense Security (unmanned reconnaissance aircraft, identification systems, and optronic equipment).
View the Comprehensive Company Description for SAFRAN
The Company Description provides a historical perspective of SAFRAN's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of SAFRAN's evolution in the marketplace.
